So, how does a firm evaluate credit when dealing with a population without access to standard credit monitoring or mainstream banking products that tend to help build credit? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Tyro Payments has just landed $72 million in new funding from Tiger Global, TDM Asset Management and Atlassian Cofounder Mike Cannon-Brookes to continue its quest to disrupt traditional banking down under. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
So, what does a federal watchdog — say the CFPB — do when it wants to crack down on discrimination in lending but knows that the legitimacy of its methods for doing so will be roundly questioned? Well, it seems, in the CFPB’s case, the winning...
Americans are often portrayed as a fairly litigious group of people – so much so that the term “lawsuit millionaire” is pretty well-established. Most prominently featured in comedy movies, the “lawsuit millionaire” is typically portrayed as an essentially likable oaf that literally bumbled his way...
According to official Anjan Mukherjee, the U.S. Treasury Department is in the early phases of an analysis of the online lending industry, sometimes called alt-lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When it comes to securing loans, wealthy Americans are blowing their middle and lower class counterparts away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
MasterCard Labs’ first innovation event in Kenya has come away with some agricultural ideas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
The CFPB found itself in the middle of another brouhaha last week, this time over allegations by a government watchdog group that congressmen who’ve tried to scale back its hold over payday lending must have been paid bribes by payday lenders. Their rationale is that...
After some months of questions surrounding Lending Club’s future on the public markets and what it might mean for other high-profile startups as they enter the IPO orbit, the alternative lending powerhouse has delivered a surprisingly profitable performance in Q3. Get the Full Story Complete...
